Steps to Close an Estate: A Guide for High School Students

1. Dolly Parton is known for her philanthropy and has valuable lessons to teach about doing good.
2. After winning a money judgment in a court case, individuals may need to take additional steps to actually receive the funds.
3. Non-citizens in the U.S. do not receive the same tax benefits and estate planning considerations as U.S. citizens, particularly in regards to their assets and minor children. – Congress may address the sunset provisions of the Tax Cuts and Jobs Act in an election year.
– There are questions about whether Congress will extend the high estate tax exemption introduced in 2017 or allow it to sunset in 2025.
– The outcome will depend on the priorities of Congress and the results of the upcoming election.

Probate and Estate Administration Tips: What Steps Must Be Taken to Close the Estate?


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